It is possible for a tax to "internalize" an externality

Indicate whether the statement is true or false

T A tax can confront the cause of an externality, say one who pollutes the air, with the costs of that pollution, and thus induce efficient decisions.

Economics

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If Chinese consumers want to buy US goods, they will

a. Buy Yuan and sell US Dollars b. Sell Yuan and buy US Dollars c. Neither buy nor sell Yuan d. Neither buy nor sell dollars

Economics

The payment of interest not only on the original deposit, but on all previously accumulated interest is called::

A. compound interest. B. conflict of interest. C. simple interest. D. the nominal interest rate.

Economics